Cost & Risk - Fracking Well Personnel 1

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Case Studies - Using Fiber Optic Cables: Fracking Operation

Fiber optics impact each phase in a well's life and capture microseismic and acoustic data at Halliburton and Devon's Energy Corp. respectively. Some examples of companies that are using fiber optic cables in their fracking operations include Halliburton and Devon Energy Corp.

Halliburton

  • Fiber optics at Halliburton impact each phase in a well's life. The fiber optic cables at Halliburton record sound and temperature along their entire length.
  • Halliburton has steel-encased lines clamped between fracking wells and rock that drillers use to identify the perfect frack. To differentiate between the good and lousy fracking stages, subtle noises are picked by the fiber optic cables when the cement sealing does not have a normal functionality as it could lead to an explosion when the residual gas reaches the surface.
  • Installing fiber optic cables can cost several hundred thousand dollars per well. Besides, it costs approximately $50 million and $6 million to install them in an offshore well and land well respectively.

Devon Energy Corp.

  • Devon's Energy Corp. fiber optic cables capture microseismic and acoustic data that is used to "determine the best way to frack to produce the most oil as quickly as possible." By using the fiber optic cables in their fracking operation, Devon's operational efficiency has greatly improved. Not only have the company's drilling and construction costs per well reduced by 40% since 2014, but it also has the initial production rates improved by 450% since 2012.
  • Devon Energy Corp. has invested more than $100 million in the fiber-optic cables' technology.

Research Strategy

To identify the two case studies presented above about companies that are using fiber optic cables in their fracking operations, we explored various websites of oil and gas exploration and production companies located in the United States, before we visited the website of fiber optic monitoring solutions providers like Silixa Ltd. However, we could neither identify any company nor cost related to personnel when using fiber optic.

Then, we reviewed magazines like laserfocusworld and news websites like oilandgas360 that relate to energy and technology. Here, we found that Halliburton and Devon Energy Corp. use fiber optic cables in their fracking operations. Some additional insights can be found from this paywalled source.

Although we identified the approximated cost of using the fiber optic cables for each company, there was no cost breakdown right from installation to operation.


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